Even though the official major Sega tournaments--Kakutou Shinseiki VI and Battle Audition 4th season--have recently ended, there are plenty of high level tournament events from Japan. This weekend alone there will be three 3on3 Bay Area Cups! With volume 4 of the Kansai Bay Area Cup, there appears to be three teams separating from the rest of the pack - Team Family Gyouza (ファミリー餃å­) / Team Bikkuriman (ビックリマン) / Team Yuunagi Kindgom (夕凪キングダム). This event is expected to be streamed live on the Kansai Bay Channel on March 25th, 2 PM JST tournament start time.

For more information on this event series and the VFR season, please check the Virtua Fighter Relationship 2011-2012 Season. The second post in the thread have a list of teams and team members participating in the Bay Area Cups (not comprehensive).

Update: Stream has ended. Embedded is the "Tournament 2" archive.
<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="560" height="345" id="utv52489" name="utv_n_777549"><param name="flashvars" value="loc=%2F&autoplay=false&vid=21349478&locale=en_US&hasticket=false&v3=1" /><param name="allowfullscreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.ustream.tv/flash/viewer.swf" /><embed flashvars="loc=%2F&autoplay=false&vid=21349478&locale=en_US&hasticket=false&v3=1" width="560" height="345" allowfullscreen="true" allowscriptaccess="always" id="utv52489" name="utv_n_777549" src="http://www.ustream.tv/flash/viewer.swf" type="application/x-shockwave-flash" /></object> ​

Pre-Tournament / Tournament 1 / Tournament 2 / Post-Tournament 1 / Post-Tournament 2